Norfolk Southern Corp
NSC- Exchange
- NYSE
- Industry
- Railroads, Line-Haul Operating
- SEC CIK
- 0000702165
No open-market purchases or sales by Norfolk Southern Corp insiders were filed in the last 90 days; 1,869 institutions reported holding it in 13F filings for Q2 2026, worth $53.6B in total; superinvestors Third Point and Markel Group hold it.
13F holders, Q3 2025
Institutional positions in Norfolk Southern Corp as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 1,801
- +138 vs. Q2 2025
- Shares held
- 169.2M
- −4.58M (−2.6%) vs. Q2 2025
- Total value
- $50.8B
- +$6.32B (+14.2%) vs. Q2 2025
- New holders
- 238
- 520 more added
- Sold out
- 100
- 614 more reduced
30 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting NSC on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1,869 | $53.6B |
| Q1 2026 | 1,841 | $48.2B |
| Q4 2025 | 1,852 | $49.8B |
| Q3 2025 | 1,801 | $50.8B |
| Q2 2025 | 1,693 | $45.1B |
| Q1 2025 | 1,656 | $41.2B |
| Q4 2024 | 1,686 | $41.0B |
| Q3 2024 | 1,612 | $42.4B |
| Q2 2024 | 1,565 | $36.7B |
| Q1 2024 | 1,628 | $43.1B |
| Q4 2023 | 1,585 | $40.1B |
| Q3 2023 | 1,444 | $33.1B |
| Q2 2023 | 1,529 | $37.9B |
| Q1 2023 | 1,500 | $35.4B |
| Q4 2022 | 1,592 | $41.8B |
| Q3 2022 | 1,501 | $36.1B |
| Q2 2022 | 1,543 | $39.6B |
| Q1 2022 | 1,646 | $50.2B |
| Q4 2021 | 1,644 | $52.7B |
| Q3 2021 | 1,494 | $42.6B |
| Q2 2021 | 1,546 | $48.1B |
| Q1 2021 | 1,514 | $49.7B |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Sterling Capital Management LLC | 1,353 | $406.5K | 0.01% | +2+0.1% | Added |
| Woodard & Co Asset Management Group Inc | 1,354 | $406.8K | 0.07% | 00.0% | Unchanged |
| Founders Capital Management, LLC | 1,355 | $407.1K | 0.06% | −347−20.4% | Reduced |
| Schwartz Investment Counsel Inc | 1,359 | $408.3K | 0.01% | 00.0% | Unchanged |
| Slagle Financial, LLC | 1,359 | $408.3K | 0.15% | 00.0% | Unchanged |
| PFG Investments, LLC | 1,359 | $408.3K | 0.02% | −498−26.8% | Reduced |
| Guardian Investment Management | 1,361 | $408.9K | 0.36% | +1,361 | New |
| Spire Wealth Management | 1,371 | $411.9K | 0.01% | −93−6.4% | Reduced |
| Greatmark Investment Partners, Inc. | 1,375 | $413.1K | 0.05% | 00.0% | Unchanged |
| Pine Haven Investment Counsel, Inc | 1,376 | $413.5K | 0.30% | 00.0% | Unchanged |
| Dudley Capital Management, LLC | 1,377 | $413.7K | 0.19% | −100−6.8% | Reduced |
| Doliver Advisors, LP | 1,379 | $414.3K | 0.11% | 00.0% | Unchanged |
| Beacon Investment Advisory Services, Inc. | 1,379 | $414.3K | 0.02% | 00.0% | Unchanged |
| Walker Asset Management, LLC | 1,384 | $415.9K | 0.23% | +2+0.1% | Added |
| Cannon Wealth Management Services, LLC | 1,386 | $416.4K | 0.32% | −133−8.8% | Reduced |
| One Charles Private Wealth Services, LLC | 1,386 | $416.4K | 0.11% | −12−0.9% | Reduced |
| Steigerwald, Gordon & Koch Inc. | 1,387 | $416.8K | 0.04% | 00.0% | Unchanged |
| Empower Advisory Group, LLC | 1,389 | $417.3K | 0.00% | +160+13.0% | Added |
| Buckingham Strategic Partners | 1,411 | $417.4K | 0.00% | −694−33.0% | Reduced |
| Advyzon Investment Management, LLC | 1,391 | $417.8K | 0.07% | +1,391 | New |
| Davis Investment Partners, LLC | 1,401 | $418.6K | 0.14% | −4−0.3% | Reduced |
| Citizens Business Bank | 1,395 | $419.1K | 0.07% | +1,395 | New |
| Sivia Capital Partners, LLC | 1,399 | $420.3K | 0.12% | +121+9.5% | Added |
| Hazlett, Burt & Watson, Inc. | 1,406 | $422.0K | 0.15% | 00.0% | Unchanged |
| Kera Capital Partners, Inc. | 1,405 | $422.1K | 0.06% | +1,405 | New |
| Indiana Trust & Investment Management CO | 1,412 | $424.2K | 0.13% | 00.0% | Unchanged |
| Pinnacle Wealth Management Advisory Group, LLC | 1,416 | $425.4K | 0.03% | +8+0.6% | Added |
| Nixon Peabody Trust Co | 1,416 | $425.4K | 0.03% | +41+3.0% | Added |
| Southeast Asset Advisors Inc. | 1,420 | $426.5K | 0.05% | +2+0.1% | Added |
| Fulcrum Asset Management LLP | 1,420 | $426.6K | 0.12% | −100−6.6% | Reduced |
| Pioneer Wealth Management Group | 1,421 | $426.9K | 0.14% | −82−5.5% | Reduced |
| Financial Advisory Service, Inc. | 1,422 | $427.3K | 0.03% | +2+0.1% | Added |
| Hall Capital Management Co Inc | 1,426 | $428.4K | 0.17% | 00.0% | Unchanged |
| Cheviot Value Management, LLC | 1,535 | $430.4K | 0.05% | 00.0% | Unchanged |
| Birch Financial Group, LLC | 1,435 | $431.2K | 0.25% | −56−3.8% | Reduced |
| Rockland Trust Co | 1,439 | $432.3K | 0.02% | −68−4.5% | Reduced |
| Pavion Blue Capital, LLC | 1,444 | $433.8K | 0.18% | 00.0% | Unchanged |
| LexAurum Advisors, LLC | 1,448 | $435.0K | 0.06% | −5−0.3% | Reduced |
| Bell Bank | 1,465 | $440.1K | 0.02% | 00.0% | Unchanged |
| Stony Point Wealth Management Inc. | 1,466 | $440.3K | 0.18% | −2−0.1% | Reduced |
| Gables Capital Management Inc. | 1,466 | $440.4K | 0.19% | 00.0% | Unchanged |
| Horizon Bancorp Inc | 1,469 | $441.0K | 0.21% | +520+54.8% | Added |
| Commonwealth Retirement Investments LLC | 1,470 | $441.6K | 0.15% | −187−11.3% | Reduced |
| Chicago Capital, LLC | 1,471 | $441.9K | 0.01% | 00.0% | Unchanged |
| American State Bank (Iowa) | 1,475 | $443.1K | 0.23% | 00.0% | Unchanged |
| Everett Harris & Co | 1,476 | $443.4K | 0.01% | 00.0% | Unchanged |
| Bank of New Hampshire | 1,490 | $447.6K | 0.10% | 00.0% | Unchanged |
| Regatta Capital Group, LLC | 1,492 | $448.2K | 0.07% | −11−0.7% | Reduced |
| Medallion Wealth Advisors, LLC | 1,500 | $450.6K | 0.16% | 00.0% | Unchanged |
| Hudson Valley Investment Advisors Inc | 1,500 | $450.6K | 0.05% | 00.0% | Unchanged |
| Blue Edge Capital, LLC | 1,500 | $450.6K | 0.06% | 00.0% | Unchanged |
| Fire Capital Management LLC | 1,500 | $450.6K | 0.26% | 00.0% | Unchanged |
| Flagship Wealth Advisors, LLC | 1,500 | $450.6K | 0.15% | +450+42.9% | Added |
| Chung Wu Investment Group, LLC | 1,500 | $450.6K | 0.38% | +1,300+650.0% | Added |
| Gries Financial LLC | 1,503 | $451.5K | 0.07% | +237+18.7% | Added |
| Opal Wealth Advisors, LLC | 1,504 | $451.8K | 0.13% | 00.0% | Unchanged |
| Diversify Advisory Services, LLC | 1,603 | $452.2K | 0.02% | +7+0.4% | Added |
| D'Orazio & Associates, Inc. | 1,518 | $455.9K | 0.06% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 1,519 | $456.4K | 0.02% | −31−2.0% | Reduced |
| Security National Bank of So Dak | 1,533 | $460.5K | 0.23% | 00.0% | Unchanged |
| Oliver Luxxe Assets LLC | 1,536 | $461.4K | 0.07% | 00.0% | Unchanged |
| Howard Capital Management Group, LLC | 1,536 | $461.4K | 0.03% | 00.0% | Unchanged |
| CWA Asset Management Group, LLC | 1,536 | $461.5K | 0.02% | +30+2.0% | Added |
| Birch Hill Investment Advisors LLC | 1,537 | $461.7K | 0.02% | 00.0% | Unchanged |
| XTX Topco Ltd | 1,539 | $462.3K | 0.02% | −11,232−87.9% | Reduced |
| Shufro Rose & Co LLC | 1,960 | $464.2K | 0.04% | 00.0% | Unchanged |
| KCM Investment Advisors LLC | 1,555 | $467.0K | 0.02% | +66+4.4% | Added |
| TD Private Client Wealth LLC | 1,557 | $467.7K | 0.01% | −2,551−62.1% | Reduced |
| BCK Partners, Inc. | 1,575 | $473.1K | 0.25% | −15−0.9% | Reduced |
| Hartford Financial Management Inc. | 1,587 | $476.8K | 0.13% | 00.0% | Unchanged |
| Clark Capital Management Group, Inc. | 1,589 | $477.4K | 0.00% | −742−31.8% | Reduced |
| Allen Investment Management LLC | 1,589 | $477.4K | 0.01% | 00.0% | Unchanged |
| David J Yvars Group | 1,590 | $477.7K | 0.26% | 00.0% | Unchanged |
| B&L Asset Management LLC | 1,590 | $477.7K | 0.24% | 00.0% | Unchanged |
| Legacy Financial Advisors, Inc. | 1,595 | $479.2K | 0.07% | −175−9.9% | Reduced |
| Aaron Wealth Advisors | 1,599 | $480.4K | 0.03% | +509+46.7% | Added |
| Parsons Capital Management Inc | 1,610 | $483.7K | 0.03% | −166−9.3% | Reduced |
| CMG Global Holdings, LLC | 1,672 | $484.4K | 0.24% | 00.0% | Unchanged |
| Sunpointe, LLC | 1,613 | $484.6K | 0.17% | +3+0.2% | Added |
| Moment Partners, LLC | 1,615 | $485.2K | 0.09% | +22+1.4% | Added |
| Rexford Capital Inc | 1,624 | $487.9K | 0.38% | 00.0% | Unchanged |
| Bowen Hanes & Co Inc | 1,625 | $488.2K | 0.01% | 00.0% | Unchanged |
| First City Capital Management, Inc. | 1,630 | $489.7K | 0.26% | 00.0% | Unchanged |
| Capital Planning Advisors, LLC | 1,634 | $490.9K | 0.07% | +1+0.1% | Added |
| Princeton Global Asset Management LLC | 1,640 | $492.7K | 0.08% | 00.0% | Unchanged |
| Nalls Sherbakoff Group, LLC | 1,640 | $492.8K | 0.33% | −21−1.3% | Reduced |
| Plancorp, LLC | 1,642 | $493.3K | 0.02% | +12+0.7% | Added |
| Skopos Labs, Inc. | 1,932 | $494.0K | 0.07% | −110−5.4% | Reduced |
| OLIO Financial Planning | 1,646 | $494.6K | 0.15% | +676+69.7% | Added |
| OneAscent Financial Services LLC | 1,654 | $496.8K | 0.03% | −1,242−42.9% | Reduced |
| Inspirion Wealth Advisors, LLC | 2,008 | $499.0K | 0.07% | +37+1.9% | Added |
| Advisors Capital Management, LLC | 1,663 | $499.6K | 0.01% | +28+1.7% | Added |
| W Advisors, LLC | 1,669 | $501.3K | 0.26% | −9−0.5% | Reduced |
| Calamos Wealth Management LLC | 1,669 | $501.4K | 0.02% | −1,822−52.2% | Reduced |
| Arete Wealth Advisors, LLC | 1,672 | $502.0K | 0.03% | +173+11.5% | Added |
| Graves-Light Private Wealth Management, Inc. | 1,673 | $502.6K | 0.06% | −33−1.9% | Reduced |
| Laurel Wealth Advisors LLC | 1,675 | $503.2K | 0.07% | 00.0% | Unchanged |
| Spinnaker Trust | 1,685 | $506.2K | 0.03% | 00.0% | Unchanged |
| Mach-1 Financial Group, Inc. | 1,686 | $506.5K | 0.08% | +1,686 | New |
| Integrity Advisory Solutions, LLC | 1,686 | $506.5K | 0.08% | +1,686 | New |